Which of the Following Is Not Consistent with Full Employment

question 34

Multiple Choice

Which of the following is not consistent with full employment?

• A)an unemployment rate of 5 percent or 6 percent
• B)seasonal unemployment
• C)structural unemployment
• D)cyclical unemployment
• E)frictional unemployment

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Definitions:

Exclusive Dealing

An agreement between a supplier and a retailer or distributor in which the retailer agrees to only purchase from that supplier and not from its competitors.

Full-Line Forcing

A business practice where a supplier requires retailers to stock an entire range of products in order to carry any of the supplier's items.

Tying Arrangement

A business practice where the sale of one product (the tying product) is conditioned on the purchase of another product (the tied product).

Supplier

A supplier is a business or individual that provides goods or services to another company or entity, typically as part of a supply chain.